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Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


Alison Coutts, Executive Chairman, Memphasys Ltd.

Alison Coutts
Executive Chairman | Memphasys Ltd.
30 Richmond Road, 2140 Homebush West (AUS)

alison.coutts@memphasys.com

+61 2 8415 7300

Memphasys Executive Chairman Alison Coutts on in vitro fertilisation (IVF)


Thomas Soltau, CEO, wallstreet:online capital AG

Thomas Soltau
CEO | wallstreet:online capital AG
Michaelkirchstraße 17/18, 10179 Berlin (D)

service@smartbroker.de

+49 30 27 57 76 464

Smartbroker - wallstreet:online capital AG CEO Thomas Soltau in an interview on the market launch


27. April 2020 | 07:30 CET

BP, Exxon, Saturn Oil & Gas - North America and EU ready for oil deal?

  • Oil

Something is brewing in North America, because nothing less than social and economic independence is at stake. COVID 19 has shown that dependencies in the supply chain pose great dangers. On the one hand, modern society had to learn how difficult it is to obtain masks and, on the other hand, Saudi Arabia ruined the price stability of crude oil by increasing its production volume. An act that deliberately came at an inopportune moment, because with the measures to stem the spread of the corona virus, the demand for the black gold had already fallen by over 20%. The price level of recent weeks at USD 20 per barrel for WTI will drive a large part of the US oil industry into ruin and increase dependence on the OPEC states.

time to read: 2 minutes by Mario Hose


 

Canada and USA theoretically self-sufficient

Before the Corona Crisis, Canada's production volume was around 4.5 million barrels a day and the USA produced over 10 million barrels. In terms of volume, production should be sufficient to protect itself from imports through an embargo, but due to the distances between the oil fields and the metropolitan areas the western part of Canada still imports oil from Saudi Arabia.

In total, the two North American states imported 2.5 million barrels of crude oil per day. Should a deal be struck between the two countries and an embargo ban crude oil from overseas, this will significantly strengthen the domestic market.

OPEC increases power by all means

The transatlantic relationship can also be used by the EU to initiate a deal with Canada and the USA to also reduce dependence on OPEC countries. The cartel of 13 oil-producing countries is celebrating its 60th anniversary this year. Even if the price of oil is currently depressing the mood of its members, it is certain that power and influence over the global oil market will increase.

Ultimately, countries such as Saudi Arabia can produce cheaply and thus drive overseas competitors to ruin. The oil market was as big as all other commodity markets combined before COVID-19.

Economic independence in danger

The danger of a strong OPEC is obvious. The member countries are predominantly led by dominant families and despots. In some countries civil war or similar conditions prevail - no trace of human rights. For this reason, it can be assumed that the competitive advantage will be exploited after the collapse of the American and European producers and that consumers outside the OPEC countries will have to pay for the dependence.

The EU and North America are therefore well advised to protect domestic producers and their own independence. Oil is the blood in the veins of the economy. As soon as society has recovered from the Corona Crisis, the demand for oil will rise again.

ESG as a quality standard

A modern society should also be concerned about the origin of the raw material. Model companies are for example BP and Exxon. The Canadian oil producer Saturn Oil & Gas produces in Saskatchewan and has taken up the idea of ESG (Environmental Social Governance). For this reason, the young company has appointed the expert Jim Payne to the Board of Directors.

Jim Payne is the CEO of dynaCERT, a CleanTech company that has developed an award-winning hydrogen technology that reduces the emission of pollutants from internal combustion engines. By February 2021, Saturn's management has entered into price hedging at over 65 CAD per barrel. This risk awareness is a blessing for the company's planning security and shareholders.

Fairtrade crude oil is overdue

Anyone who attaches importance to the fact that eggs come from free-range hens and coffee or bananas are subject to fair trade should also be aware that oil from companies with ESG claims is a contribution to a better society. The current situation, which shows how easily highly developed industrial nations can become a pawn in the game, should be seen as a wake-up call for collective and overdue action: now and today.


Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold shares in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our Conflict of Interest & Risk Disclosure.


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19. May 2020 | 15:56 CET

BP, Chevron, ENI, Saturn Oil & Gas, Shell, Total - what investors need to know now

  • Oil

About a month ago, market participants around the world learned that the end of a price slide does not have to end at zero on the expiry date of WTI contracts. Anyone who thought that a barrel of American WTI at USD 0.01, which is 159 litres of crude oil, would be a special bargain on the expiration date and took the chance was taught an expensive lesson. The expiration date of 20 April 2020 will go down in history with an initial negative settlement price of USD -37.63. The USA is known to be the land of opportunity and this seems to be another chapter.

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11. May 2020 | 08:42 CET

BP, Crescent Point, Saturn Oil & Gas, Shell - the 300% chance of the billionaire?

  • Oil

When renowned financial institutions and billionaires have an opinion, it is often heard in the market, especially when it does not correspond to the current mainstream. The more established the name or the bigger the bank account, the more weight this opinion carries with investors. In recent weeks, the oil price has become a plaything for politicians. The decline in demand for crude oil in connection with the restrictions imposed to contain the spread of the corona pandemic, coupled with inconsistencies within the OPEC+ cartel, have even pushed the futures for WTI oil into negative territory on its expiration date in April. This is an unprecedented situation, which is also a foundation for the creation of new wealth. Billionaire Naguib Sawiris and JP Morgen agree on the price trend and expect high potential.

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06. May 2020 | 05:57 CET

BP, Exxon, Shell, Saturn Oil & Gas - Crude oil up to USD 100 in May?

  • Oil

In recent weeks, even experienced investors have learned a lot about the oil market. When the price of WTI slipped into the red in April 2020, this was a first in the history of black gold. On the one hand, the oversupply of producers put pressure on prices, but speculators also caused the distortions. It was a dangerous mixture on the expiry date of the May contracts. In two weeks' time, the June contracts expire and the price development is eagerly awaited, but this time it can also go the other way.

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